This growing trucking, construction and demolition business hauls sand & gravel, road base, rocks, hot batch, pipes, and structural steel products for large construction contractors. They also do paving, road building, dirt work, sewer lines and demolition for the GCs and Colorado Department of Transportation (CDOT). The business stays busy during the slower construction winter months by hauling grain. This regional based company runs 10-12 hours per day Monday through Friday and does no long haul work today. Employees understand how to manage clients and work is done professionally and finished on time/budget.
FacilitiesTrucks and construction equipment are stored at the seller’s facility north of Denver. That facility could be purchased or leased, or the equipment could be stored anywhere else within reasonable vicinity.
Asking Price: $2,400,000
Included in the Asking Price: Trucks and equipment worth $1,900,000
Current Year Revenue: $2,400,000
Current Year Cash Flow: $750,000
Competition: There are a couple similar sized businesses operating in the region. These companies don’t offer significant competition as they are almost always short on trucks as well. Typically clients find these companies working together rather than competing.
Growth and Expansion: The outlook for this simple business’s services is bright. Given the ever-larger projects coming and the steady growth of Colorado’s population, the company is postured to drive increasing revenue and cash flows well into the future. The new owner may also have an opportunity to build even more business by offering a new long haul trucking segment.
About the Sale
The owner plans to retire but is willing to train the new owner for 30days free and somewhat longer consulting capacity, project manager and/or project funnel if needed.